104 Grassy Point Road
About This Property
Welcome to this delightful one-story home with a surprise bonus room on the second floor. The open and airy layout invites you in, flooded with abundant natural light. Step into the heart of the home-a kitchen equipped with top-of-the-line new appliances. Fresh paint graces the main areas, complementing the laminate wood floors that flow seamlessly throughout the first floor.
The second bath has been thoughtfully remodeled, ensuring both style and functionality. The spacious primary bedroom boasts a bath with separate tub and shower, along with a convenient dual vanity. You'll appreciate the high and cathedral ceilings, creating an expansive and welcoming atmosphere.
Step outside to the fenced backyard, perfect for relaxing or entertaining. Park your vehicles in the two-car garage, and utilize the free-standing shed for additional storage. Enjoy your morning coffee on the covered front porch, or unwind on the concrete patio in the back. The landscaped surroundings add to the overall appeal.
Conveniently located near shopping, restaurants, and Apex Friendship High School, Google Fiber on the street, this home offers both comfort and convenience. Don't miss the opportunity to make it yours!
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017